ASSET BASED FINANCE

Turn Assets into Opportunities

Finance the vehicles, machinery and equipment your business needs while preserving cash flow.

USE CASES

Equipment That Pays Its Own Way

From haulage fleets to heavy machinery, see the assets businesses finance to grow.

Transport & Logistics

Vehicle Rental & Fleet Businesses

Construction & Heavy Equipment

SMEs & Growing Businesses

Key Benefits

Loan Calculator

Estimate repayments instantly to better understand what works for your budget before applying.

Loan Type
24% rate
Loan Amount PGK 200,000
PGK 50,000PGK 500,000
Loan Term 12 months
3 months36 months
Interest Rate (Annual)
24% Fixed rate for guarantor-backed loans

Payment Summary

Monthly Payment PGK 18,912
Total of Payments PGK 226,943
Total Interest PGK 26,943

Loan Details

Principal Amount
PGK 200,000
Interest Rate
24%
Loan Term
12 months
Loan Type
Personal Loan

Loan Calculator

Estimate your repayments instantly.

PGK 0
0 months
0%

Payment Summary

Monthly Repayment
PGK 0.00

Loan Details

Principal Amount PGK 0
Interest Rate 0% p.a.
Loan Term 0 months
Loan Type Business Loan

Apply Now

Asset Based Finance At A Glance

01
Facility Type

Asset-Backed

02
Ideal For

SMEs & Businesses

03
Security

Business Assets

How It Works

Step 1

Complete a commercial loan application and submit the required information to get started.

Step 2

Provide a quotation from your preferred dealer or vendor.

Step 3

Our team carefully assesses your application to ensure the right fit for your needs.

Step 4

A lending decision is made promptly, keeping your plans moving forward.

Step 5

Loan documents are issued and executed to formalise the facility.

Step 6

Once completed, funds are disbursed efficiently.

Step 7

Your asset is released and ready for use, helping you drive business growth straight away.

How It Works

Step 1

Complete and submit commercial loan application.

Step 2

Provide a quotation from dealer or vendor.

....

Step 3

Our team carefully assesses your application.

Step 4

A lending decision is made promptly.

....

Step 5

Loan documents are issued and executed.

Step 6

Once completed, funds are disbursed.

Step 7

Your asset is released and ready for use.

Eligibility & Requirements

Have these business documents ready before you apply.

Registered business name/company

Registered Tax Identification Number

Company profile

Minimum of two years operation

Last two years financial statements

Cash Flow Forecast

Last 12 month’s bank statements

Copy of contract (if any)

Customer ID

Find a Moni Plus Branch

Visit your nearest branch for loan support.

Frequently Asked Questions

Quick answers to the questions we hear most about Asset Based Finance. Can’t find what you need? Talk to our team.

A loan product offered to an individual or company to purchase equipment, motor vehicles, machinery, aircraft or vessel without paying the full purchase price upfront. Instead, the business spreads the cost over time through loans. The assets financed are held as security.

Approved answer pending from Moni Plus.

Approved answer pending from Moni Plus.

Approved answer pending from Moni Plus.

Application Form

Our team will guide you through the next steps once your enquiry is submitted.

Commercial Loan Application

Step 1 of 7 · Finance type & borrower

For applications from a company, firm, sole trader or partnership.

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Step 2 of 7 · Contact & addresses

How we reach you, and where the business operates.

Principal residential address

Step 3 of 7 · Shareholdings & guarantor

List each shareholder and director, then the guarantor supporting this application.

Shareholder / director 1

Role *

Shareholder / director 2

Role *

Guarantor

Step 4 of 7 · Fleet, bankers & existing loans

Fleet details for asset based finance, plus your existing banking and borrowing.

Fleet details (asset based finance only)

Existing bankers / financiers

Bank / branchFacility typeAccount nameAccount number
————
————
————

Existing loans with other institutions

InstitutionFacility typeLimit / balanceRateMonthly repayment
—————
—————
—————

Step 5 of 7 · Funding required & security

What the funds are for, and the security you are offering against them.

Funding required — purpose (include all costs)

PurposeAmount (K)
——
——
——
——
TotalK 0.00
Net funding requiredK 0.00

Security — motor vehicles, equipment & machinery

Type / descriptionMakeModel yearOriginal costMarket value
—————
—————
—————

Security — property

Type / descriptionProperty nameLocation / lot / sectionOwner or tenantMarket value
—————
—————
—————

Step 6 of 7 · Personal statement of position

A snapshot of the principal’s personal assets, liabilities and monthly cash flow.

Assets

Total assetsK 0.00

Liabilities

Total liabilitiesK 0.00
Surplus — assets less liabilitiesK 0.00

Monthly income

Total monthly incomeK 0.00

Monthly expenses

Total monthly expensesK 0.00
Available surplusK 0.00

Step 7 of 7 · References, declaration & checklist

Three references, your declaration, and the documents to attach.

Reference 1

Reference 2

Reference 3

Declaration

Application checklist

Tick every document you are attaching. Anything left unchecked is recorded as still to provide.